SIE (Securities Industry Essentials) Practice Exam 2025 – All-in-One Resource to Excel in Your Certification!

A is incorrect because simply publishing a notice in a financial newsletter is not enough to legally engage in a private securities transaction. This process requires formal written notice to the supervisor.

C is incorrect because verbal approval from clients is not enough to engage in a private securities transaction. Written notice to the supervisor is required.

D is incorrect because waiting for a no-objection certificate from the SEC may not be necessary, depending on the specific circumstances of the transaction. However, written notice to the supervisor is still required.